Kapstone Financial Advisors LLC Sells 136 Shares of Kimberly-Clark Co. (NYSE:KMB)

Kapstone Financial Advisors LLC reduced its stake in Kimberly-Clark Co. (NYSE:KMB) by 5.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,517 shares of the company’s stock after selling 136 shares during the quarter. Kapstone Financial Advisors LLC’s holdings in Kimberly-Clark were worth $359,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Tokio Marine Asset Management Co. Ltd. lifted its position in Kimberly-Clark by 4.6% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 9,691 shares of the company’s stock worth $1,379,000 after buying an additional 422 shares in the last quarter. D Orazio & Associates Inc. bought a new stake in Kimberly-Clark during the 3rd quarter worth about $203,000. Arjuna Capital lifted its position in Kimberly-Clark by 44.4% during the 3rd quarter. Arjuna Capital now owns 21,024 shares of the company’s stock worth $2,991,000 after buying an additional 6,466 shares in the last quarter. Mengis Capital Management Inc. lifted its position in Kimberly-Clark by 0.4% during the 3rd quarter. Mengis Capital Management Inc. now owns 25,656 shares of the company’s stock worth $3,650,000 after buying an additional 94 shares in the last quarter. Finally, MQS Management LLC bought a new stake in Kimberly-Clark during the 3rd quarter worth about $356,000. 76.29% of the stock is owned by institutional investors.

Analysts Set New Price Targets

KMB has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research report on Tuesday, October 8th. JPMorgan Chase & Co. cut their price target on shares of Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 23rd. Argus raised shares of Kimberly-Clark to a “hold” rating in a research report on Friday, July 26th. StockNews.com lowered shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 30th. Finally, UBS Group lowered their price objective on shares of Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $149.93.

Kimberly-Clark Stock Performance

KMB traded down $0.52 on Thursday, reaching $131.67. The company had a trading volume of 235,684 shares, compared to its average volume of 2,099,366. Kimberly-Clark Co. has a fifty-two week low of $117.67 and a fifty-two week high of $149.30. The stock has a market cap of $43.91 billion, a P/E ratio of 17.15, a P/E/G ratio of 2.78 and a beta of 0.40. The company’s fifty day moving average is $140.08 and its 200 day moving average is $139.18. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.14. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The business had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. During the same quarter in the prior year, the business earned $1.74 EPS. Kimberly-Clark’s quarterly revenue was down 3.5% on a year-over-year basis. As a group, analysts predict that Kimberly-Clark Co. will post 7.26 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 6th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.71%. Kimberly-Clark’s payout ratio is presently 63.29%.

Kimberly-Clark Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company’s Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.